California Statutes
§ 7551.3. — 7551.3. (Amended by Stats. 2013, Ch. 352, Sec. 497.)
California·Code PUC Public Utilities Code - PUC·Div. 4. DIVISION 4. LAWS RELATING TO UTILITY CORPORATIONS AND THEIR EMPLOYEES·Ch. 1. CHAPTER 1. Railroad Corporations·Art. 3. ARTICLE 3. Rights of Way and Franchises
(a)To ensure that a fair and reasonable price is paid for public acquisition of railroad rights-of-way, it is the intent of the Legislature to have railroad rights-of-way valuation procedures and guidelines developed and adopted for use when state and federal funds are expended.
(b)The Secretary of Transportation in collaboration with other public agencies and within existing resources, shall develop recommended procedures and guidelines for valuation of railroad rights-of-way.
(c)The recommended procedures and guidelines shall be transmitted to the Legislature and Governor on or
before March 1, 1994.
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California § 7551.3. (7551.3. (Amended by Stats. 2013, Ch. 352, Sec. 497.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2013, Ch. 352, Sec. 497. (AB 1317) Effective September 26, 2013. Operative July 1, 2013, by Sec. 543 of Ch. 352.